Golding Bank provided the following data about its resources and activities for its checking account process:

Resources Activities Clerical Hours

Supervision $$79,000$ Processing accounts $9,880$

Phone and supplies $93,000$ Issuing statements $6,500$

Salaries $265,000$ Processing transactions $7,540$

Computer $28,000$ Answering customer inquiries $2,080$

Total $$465,000$ Total $26,000$

Computers are used only by the issuing $(40$ percent$)$ and processing transaction $(60$ percent$)$ activities.

Phone and supplies are $80$ percent customer inquiries with the other $20$ percent divided equally among the remaining activities, including supervising the checking operation.

The supervisor spends $100$ percent of her time on supervision. In addition to the $26,000$ clerical hours, there are $4,000$ hours of supervision used $($the hours used by the supervising clerks activity, which is not listed above$).$

Required:

Question Content Area

$1.$ Prepare a work distribution matrix for the five primary activities. If an answer is zero, enter $"0".$

blank

Golding Bank

Percentage of Time on Each Activity

Activity Supervisor Clerks

Supervising clerks fill in the blank $6$c$671707$e$042$fcd$\_1$

$100$

$\%$ fill in the blank $6$c$671707$e$042$fcd$\_2$

$0$

$\%$

Processing accounts fill in the blank $6$c$671707$e$042$fcd$\_3$

$0$

fill in the blank $6$c$671707$e$042$fcd$\_4$

$38$

Issuing statements fill in the blank $6$c$671707$e$042$fcd$\_5$

$0$

fill in the blank $6$c$671707$e$042$fcd$\_6$

$25$

Processing transactions fill in the blank $6$c$671707$e$042$fcd$\_7$

$0$

fill in the blank $6$c$671707$e$042$fcd$\_8$

$29$

Answering customer inquiries fill in the blank $6$c$671707$e$042$fcd$\_9$

$0$

fill in the blank $6$c$671707$e$042$fcd$\_10$

$8$

Feedback Area

Feedback

$1.$ A work distribution matrix simply identifies the Amount of labor consumed by each activity. The supervising ratio is given. The remaining four ratios are calculated using the clerical hrs$.-$: total processing hours

Question Content Area

$2.$ Calculate the cost of each activity. If required, round your answers to the nearest dollar.

Activity Total

Supervising clerks $fill in the blank

Processing accounts $fill in the blank

Issuing statements $fill in the blank

Processing transactions $fill in the blank

Answering customer inquiries $fill in the blank

$3.$ If the cost of the supervising activity is assigned to the other four activities, what is the final cost of these four primary activities? If required, round your answers to the nearest dollar.

Processing accounts $fill in the blank

Issuing statements $fill in the blank

Processing transactions $fill in the blank

Answering customer inquiries $fill in the blank